Title transfer tax, title transfer, issue of kojan - details please!

Howmuchlonger


Joined: 08/11/2008
Posts: 61

Message Posted:
05/08/2009 22:11

There is so much info on bulletin boards the HPBG website etc, but I would like details if anyone has them of exactly where/when/how...(assuming PTP received).



1. Where does a buyer pay taxes?

2. Are all taxes paid at the same place, ie buyers transfer tax, sellers stopaj, VAT?

3. When those taxes are paid, you have to complete title transfer within 21 days - How, where?

4. If Title is transferred, but no kojan (Title deed) issued for several months (apparently), what proof of transfer/ownership do you have in the meantime?



Thank you in advance for any first hand info!

Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
05/08/2009 22:36

Halley's comet next passes in 2061, you'll have a better chance then!



Richard

CarrieRBag



Joined: 23/12/2008
Posts: 1374

Message Posted:
05/08/2009 22:40

Brinsley, you have some really valid comments but when you are an arse, you really are an arse... answer or keep quite....!

newscoop


Joined: 23/12/2007
Posts: 2197

Message Posted:
05/08/2009 22:58

Spot on Carrie.

rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
05/08/2009 23:07

hi msg1 , your solicitor should be able to answer all your questions ,if not , you,re with the wrong one ? this is a public forum ,and replys will differ , as msg 2 clearly shows , hes known as dick ??? locally ,

sunnyday


Joined: 14/03/2008
Posts: 269

Message Posted:
06/08/2009 09:51

The taxes are paid as follows:-



1. VAT has to be paid first. This is 5% of contract price & is paid to your builder. But make sure that you get an official Fatura (VAT invoice) from him).

2. When various documents have been obtained from the land registry, the builder pays his stopaj tax at the tax office. This is 4% of the higher of the contract price (converted to TL at a rate depending on the year of the contract ) & the valuation shown on the land registry forms.

3. On the day of transfer you pay the property transfer tax to the land registry. this is 0.75% on the same figure as used in 2 above.



The documents from the land registry only last for a month, but if there is a delay you can go back to them & get them redated.

I believe that the transfer has to be done within 14 days of the payment of the stopaj.



I believe that you are given a receipt at the land registry pending receipt of the kocan.

Geoff1131MK11


Joined: 04/04/2009
Posts: 396

Message Posted:
26/08/2009 17:58

I know this post is a few weeks old, but our developer has just asked us to pay Land tax oweing from 2008 before he will complete parcelisation of the plots. This has not been mentioned above. Its not an awful lot and if it gets me my deeds i for one am all for paying it, but there has been some rebelion in the camp. Has anyone else been asked to pay this tax?

brandysour


Joined: 14/04/2008
Posts: 29

Message Posted:
26/08/2009 19:28

We have been asked to pay the Builders taxs before they part with our Kocan.

BigBen


Joined: 30/11/2008
Posts: 150

Message Posted:
26/08/2009 21:29

I agree with sannday. +



The registration has to be done with in 30 days from the date of land registy vauation. If the stopaj is paid and transfer is not complited, with n that date, the valuation has to be done again. If the value stays the same, no problem you can complete the transfer. If the value is increase, the seller will have to pay the additional stopaj.



Also, the rates has to be paid and the receipt for 2009 has to be shown at the land registry.